Is The Lena And David T Wilentz Senior Residence Inc Legit?
Quick charity verification for The Lena And David T Wilentz Senior Residence Inc (EIN: 222289444)
Verdict: The Lena And David T Wilentz Senior Residence Inc appears trustworthy
75/100Mission Score
$20.2MRevenue
$0Assets
2Red Flags
2Strengths
Red Flags
Total assets have shown a consistent decline from $3,231,443 in 2016 to $1,671,321 in 2023, which warrants further investigation into the cause of this trend.
Liabilities have also decreased from $4,702,143 in 2016 to $2,813,501 in 2023, but the rate of decline in assets is more pronounced.
Strengths
Consistent revenue generation, with annual revenue remaining stable around $1.7M-$1.9M over the past several years, indicating stable operations.
The organization has maintained a positive net income (revenue exceeding expenses) in most reported years, demonstrating financial stability.
AI Transparency Report
The Lena And David T Wilentz Senior Residence Inc is a housing & shelter nonprofit based in Somerset, New Jersey, with reported revenue of $20.2M and assets of $0. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. • Financial data is consistently reported over multiple years, indicating a structured approach to financial disclosure.
• The organization's filings show a clear breakdown of revenue and expenses, aiding in financial analysis. Executive compensation cannot be assessed from the provided data as specific compensation figures are not included in the financial summary. Revenue has grown +16% across 13 filing periods.